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private equity firm selling after last week's shooting in connecticut. should investors, rather than the government, take the lead in attempting to influence gun policy? >>> herb greenberg will be out with his list of the worst ceos of the year. in this hour he will reveal number three. my partner sue herera on the floor of the new york stock exchange. hi, sue. >> hi, ty. it's a strong day with a triple digit advance. we have 13 days until america goes off the fiscal cliff. events moving faster in washington. house speaking boehner meeting with party members, moving to plan b. that deals with bush era tax cuts. the white house rejected that. investors like whatever progress we're seeing. s&p 500 at a two-month high. s&p up 1 1/3 -- 1.1 on s&p, dow jones industrial average up 114 points, almost a full% enand nasdaq up 1 1/3. the latest on how those negotiations are progressing. >> over the last 24 hours or so we've had a flurry of proposals, counter proposals, responses, responses to responses. as it lies right now, basically all those responses have been
private equity firm selling after last week's shooting in connecticut. should investors, rather than the government, take the lead in attempting to influence gun policy? >>> herb greenberg will be out with his list of the worst ceos of the year. in this hour he will reveal number three. my partner sue herera on the floor of the new york stock exchange. hi, sue. >> hi, ty. it's a strong day with a triple digit advance. we have 13 days until america goes off the fiscal cliff....
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Dec 22, 2012
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. >> america's powerful pro gun lobby comes out fighting after a connecticut school shooting. >> hello. this is "al jazeera," live from doha. also making the headlines -- former presidential contender john kerry nominated to be the new secretary of state. keeping his promise, italian prime minister mario monti steps down. could silvio berlusconi make a comeback? and apocalypse not. we're all still here. >> america's powerful gun lobby wants armed guards at every school in the u.s. the national rifle association came a week after 20 young children and six duments were killed. >> 26 bell tolls for the moment the shooting happened a week ago. washington, d.c. protestorses toled with security outside the national rifle association event. inside two protestors disrupted proceedings twice. the n.r.a. is a powerful lobby inner the constitutional rights to bear arms. n.r.a. speakers marked the start of a serious national conversation to prevent school shootings. their main idea, more guns in schools. >> the only way -- the only way to stop a monster from killing our kids is to be personally in
. >> america's powerful pro gun lobby comes out fighting after a connecticut school shooting. >> hello. this is "al jazeera," live from doha. also making the headlines -- former presidential contender john kerry nominated to be the new secretary of state. keeping his promise, italian prime minister mario monti steps down. could silvio berlusconi make a comeback? and apocalypse not. we're all still here. >> america's powerful gun lobby wants armed guards at every...
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Dec 24, 2012
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fiscal cliff, hurricane sandy of course, that tragedy in newtown, connecticut, and, of course, all of this is weighing on this a little bit more than those slightly more intangible factors of home prices being on the upside. so i saw a lot of sales. i was out all day saturday and sunday in philadelphia, walnut street. i saw sales in ann taylor, express. most of the boutique stores that were out there, at least portions of the store were on sale. so to me that at least indicates the margins are going to be under a little bit of pressure certainly by the end of the year. >> we'll see what the new quarter brings. we'll see you in a few minutes. that was fantastic. >> got to keep up the traditions down there. >> absolutely. meanwhile, facebook shares on our radar. a tax story, bullish, endless note. >> hi, carl. according to the sunday times facebook reportedly funneled 440 million pounds or approximately 712 million dollars into a tax haven last year to avoid taxes in britain. now a facebook spokesperson in response says that facebook complies with all relevant corporate regulations incl
fiscal cliff, hurricane sandy of course, that tragedy in newtown, connecticut, and, of course, all of this is weighing on this a little bit more than those slightly more intangible factors of home prices being on the upside. so i saw a lot of sales. i was out all day saturday and sunday in philadelphia, walnut street. i saw sales in ann taylor, express. most of the boutique stores that were out there, at least portions of the store were on sale. so to me that at least indicates the margins are...
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Dec 24, 2012
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of hurricane sandy, plus the dampened mood cast over the country by the recent school shootings in connecticut. >> what's on today's agenda for you to follow in the united states? there's no economic earnings starting to speak of on this christmas eve. the markets will be closing early with the nyse closing at 1:00 p.m. even, the cme at 1:15, nymex at 1:30 and the cme global index closes at 1:45 eastern so basically they can go shopping. now, u.s. markets were higher last week despite friday's lack of a deal on the fiscal cliff. the nax das was up by 1.7% and the s&p 500 by 1.2%. that may have been the santa claus rally. we're joined now by ben lichtenste lichtenstein. ben, if we look at futures this morning, looking negative. it doesn't look as though santa is going to visit on christmas eve. >> well, we have seen a significant santa rally. if you look at the lower levels we were trading at earlier. if you remember, we sold off with conviction to the downside in the s&p as we tested that 1340 level. recently, a strong rally off that level. but, really, unable to get anything convincing to the
of hurricane sandy, plus the dampened mood cast over the country by the recent school shootings in connecticut. >> what's on today's agenda for you to follow in the united states? there's no economic earnings starting to speak of on this christmas eve. the markets will be closing early with the nyse closing at 1:00 p.m. even, the cme at 1:15, nymex at 1:30 and the cme global index closes at 1:45 eastern so basically they can go shopping. now, u.s. markets were higher last week despite...
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Dec 17, 2012
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we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionaires. could this be the tipping point. moving the talks beyond deadlock. >> a big week for earnings. yes, earnings. fedex, research in motion among the companies reporting. so finally maybe we'll be talking about fundamentals in the stock market more than just the cliff. we've got to talk about apple reversing its move lower this morning, sold more than 2 million iphone 5s in china. the best debut for any iphone in the china market. apple shares are higher as we
we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and...
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Dec 18, 2012
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reporting live in newtown, connecticut, danielle lee. bill, back to you. >> thanks, danielle. i'll take it. 45 minutes, 40 minutes rather before the closing bell sounds for the day. a market that's holding on to the gains very close to the highs, up 98 points, shy of the high, 13,333 on the industrial. j.c. penney and groupon's ceo on herb greenberg's list of worst ceo. he'll be along to tell us why he's being so mean to these ceos. and coming up, home depot founder ken langone will join me coming up and will join me for the entire hour next hour on the "closing bell." [ male announcer ] citi turns 200 this year. so why exactly should that be of any interest to you? well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. like the transatlantic cable that connected continents. and the panama canal that made our world a smaller place. we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it'
reporting live in newtown, connecticut, danielle lee. bill, back to you. >> thanks, danielle. i'll take it. 45 minutes, 40 minutes rather before the closing bell sounds for the day. a market that's holding on to the gains very close to the highs, up 98 points, shy of the high, 13,333 on the industrial. j.c. penney and groupon's ceo on herb greenberg's list of worst ceo. he'll be along to tell us why he's being so mean to these ceos. and coming up, home depot founder ken langone will join...
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Dec 21, 2012
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connecticut governor dannell ma malloy to ring their bells. the nasdaq with a moment of silence prior to the actual trading day. >>> the bell has rung. over at the nasdaq, intest corporation, temperature management's products for semiconductors. no surprise here at the open, the nasdaq is now down almost 2%. 1.8%, the loss at this early hour. shares of apple are down 2%. across the board pretty much. these are sharp losses, jim. >> i would point out, if you want a stable situation, sussex petroleum is a limited partnership that gives you great yield. i'm looking for people to be able to pullback and say, listen, what is safety here? is safety pepsico, general mills, safety yield? or because we go over the fiscal cliff, yield doesn't have the same value. i'm trying to figure out right now in realtime what this market is telling us. what it's telling us is we're not done going down. if boehner throws more lighter fluid on the situation, if not actual high octane, then i think we go take another dip down. >> yeah. we're seeing very steep losses,
connecticut governor dannell ma malloy to ring their bells. the nasdaq with a moment of silence prior to the actual trading day. >>> the bell has rung. over at the nasdaq, intest corporation, temperature management's products for semiconductors. no surprise here at the open, the nasdaq is now down almost 2%. 1.8%, the loss at this early hour. shares of apple are down 2%. across the board pretty much. these are sharp losses, jim. >> i would point out, if you want a stable...
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we'll talk with richard blumenthal fortunately connectic from connecticut right after this. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. >>> private equity firm cerberus is going to sell its stake in the firearms maker. good morning, mary. >> good morning. they are reconsidering its relationship with cerberus. the reason being, the country largest gun manufacturer and the maker of the assault rifle used in friday's newtown massacre, the ar-15 bushmaster. cerberus said they are shocked and deeply saddened by the shootings in newtown adding that it's not the private equity firm's job to take positions on the now revived talks on gun control. instead, they are deciding on another course of action. to sell freedom group and return money to investors, fulfilling its obligations to clients without being withdrawn to the national debate with the former charter and public responsibility to do so. known for past investments and troubled companies like chrysler, they have strong ties to washington, d.c. john snow is its chairman and dan qua
we'll talk with richard blumenthal fortunately connectic from connecticut right after this. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. >>> private equity firm cerberus is going to sell its stake in the firearms maker. good morning, mary. >> good morning. they are reconsidering its relationship with cerberus. the reason being, the country largest gun manufacturer and the maker of the assault rifle used in friday's newtown massacre,...
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Dec 17, 2012
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. >>> president obama says he brought the prayers of the nation to the pete of newtown, connecticut, a town shattered by friday's shooting and elementary school. 26 people were killed, including 20 children, before the gunman killed himself. speaking at the service, the president noted this was the fourth time he's had to console a community during his time in office. and he demanded changes in the way the u.s. deals with gun violence. >> we will be told that the causes of such violence are complex. and that is true. no single law, no set of laws can eliminate evil from the world or prevent every senseless act of violence in our society. but that can't be an excuse for ip action. surely we can do better than this. >> the president says he will meet with a group of law enforcement parents and teachers in an effort to prevent future tragedies. several democratic lawmakers are now calling for a new push on tougher u.s. gun laws, including a ban on military-style assault weapons. >>> we'll take a short break. still to come, why china's new leaders see a future where economic growth isn't
. >>> president obama says he brought the prayers of the nation to the pete of newtown, connecticut, a town shattered by friday's shooting and elementary school. 26 people were killed, including 20 children, before the gunman killed himself. speaking at the service, the president noted this was the fourth time he's had to console a community during his time in office. and he demanded changes in the way the u.s. deals with gun violence. >> we will be told that the causes of such...
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this senseless act in connecticut is just so -- so daunting. it's hard to even -- it's hard to take. >> an impact on the market as well. as i said earlier, a subdued market, as we all are. the dow holding with a decline of about 38 points. >> we'll bring you the latest on the fatality in connecticut. facebook stock up nearly 40% in the last three months. when will it move past the original $38 ipo price? we'll take a lock and still shy of that by better than $10 a share. stay with us on that. >> 17 days left until the fiscal cliff. are lawmakers any closer to a compromise of some kind? a top republican leader joins us next to explain whether she's willing to raise taxes if democrats give in on the spending cuts. >> also ahead, will oil prices fall off a cliff is the economy is impacted by the state of affairs in washington? tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums
this senseless act in connecticut is just so -- so daunting. it's hard to even -- it's hard to take. >> an impact on the market as well. as i said earlier, a subdued market, as we all are. the dow holding with a decline of about 38 points. >> we'll bring you the latest on the fatality in connecticut. facebook stock up nearly 40% in the last three months. when will it move past the original $38 ipo price? we'll take a lock and still shy of that by better than $10 a share. stay with...
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Dec 24, 2012
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you think you had the long calendar, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >> losers? >> i think you had a tough time at jcpenney. i think the traffic was tough there all the time. i think kohl's had to be extra promotional in order to be able to drive the sales. and the whole children's sector was very promotional. from gymboree to children's place. >> so, dana, jason trennert from strat eegous. how are you doing? >> good, how are you, jason? >> good. normally retail stocks outperform in january, because i think that phenomenon that andrew was talking about is that there's a general sense that christmas gifts canceled at a certain point and then it comes back at the end and then you wind u
you think you had the long calendar, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >>...
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we want to update you now on the tragic school shooting in connecticut. let's get to nbc's chris pallone. he has the latest on the senseless violent. >> reporter: we're getting another update from connecticut state police to my right here about this tragedy. as you mentioned, the investigation continues at this hour. the school is still an active crime scene as they try to figure out what happened here today and why it happened. they're appearing several search warrants to go into various places related to the gunman to try to figure out why he carried out this attack this morning. remember, the number of victims in this, 26, 20 young children, many of them kindergarteners and six adults as the school. we've been told there's a related crime scene in newtown where another adult has been found dead. the connection we're not sure of at this point. police expect to be in the school for quite some time to try to figure out exactly what happened. >> thanks very much. it's just an unbelievable story. do we know -- we h
we want to update you now on the tragic school shooting in connecticut. let's get to nbc's chris pallone. he has the latest on the senseless violent. >> reporter: we're getting another update from connecticut state police to my right here about this tragedy. as you mentioned, the investigation continues at this hour. the school is still an active crime scene as they try to figure out what happened here today and why it happened. they're appearing several search warrants to go into various...
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. >> good evening from newtown, connecticut. we'll have more on that coming up. >> and in washington, the nra breaks it's silence. the kudlow report starts now. >> all right let's go to john harwitt first in dc. i think i agree with what you were saying first. >>> he moved to plan b and the hope that further negotiations could produce progress. >> our plan b would protect american taxpayers who make $1 million or less and have their current rates extended. i continue to have hope. that would reduce spending as well as revenues on the table. >> but of course the democrats in the senate. didn't see plan b as a step forward. harry reid came out and said, john boehner is walking away from the nenegotiations. >> every time we get down to something from the long-term financial think for this country. they do the charlie brown thing, they jerk the ball away. and this is what is going on. >> the posturing conceals the process that we are not aware of. but i talked to a budget aid that said, he thinks things are getting worse in terms fo
. >> good evening from newtown, connecticut. we'll have more on that coming up. >> and in washington, the nra breaks it's silence. the kudlow report starts now. >> all right let's go to john harwitt first in dc. i think i agree with what you were saying first. >>> he moved to plan b and the hope that further negotiations could produce progress. >> our plan b would protect american taxpayers who make $1 million or less and have their current rates extended. i...
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Dec 23, 2012
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connecticut senator joe lieberman on the culture of violence. then the gop's civil war. >> not the outcome that i wanted, but that was the will of the house. >> republican versus republican on the fiscal cliff with congressman steven la tourest and mick mulvaney. weighing in, "usa today's" bureau chief susan page, ron brownstein and michael duffy, washington bureau chief for "time" magazine. i'm candy crowley. this is "state of the union." nine days after the mass shooting deaths in newtown, the president of the national rifle association joined the gun debate. >> i call on congress today to act immediately to appropriate whatever is necessary to put armed police officers in every single school in this nation. >> in a similar vein, lawmakers in a growing number of states including oklahoma, missouri, minnesota, south dakota, virginia and oregon have said they will consider laws allowing teachers and school administrators to carry firearms at school. the nra says they are moving ahead to have their national model school shield program in place to
connecticut senator joe lieberman on the culture of violence. then the gop's civil war. >> not the outcome that i wanted, but that was the will of the house. >> republican versus republican on the fiscal cliff with congressman steven la tourest and mick mulvaney. weighing in, "usa today's" bureau chief susan page, ron brownstein and michael duffy, washington bureau chief for "time" magazine. i'm candy crowley. this is "state of the union." nine days...
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, connecticut. nbc news is reporting as many as 27 people may be dead from that shooting which broke out this morning shortly after 9:30. that's when police were called. as many as 17 to 18 of the victims are children. 7 to 8 adults including the gunman who authorities described to nbc news as a 20-year-old connecticut man who was dressed in black and was carrying two handguns. connecticut state police are set to begin a briefing at this hour. danbury officials and hospital officials tell nbc news that at least three people have been transported to the hospital. again, to as many as 27 people killed. we will bring you more details as they become available. back to you. >> thank you very much, bertha. we'll keep checking back with you and monitoring the situation. obviously an incredibly tragic situation still unfolding in newtown, connecticut. we will keep you up to date as new information does become available, but right now we turn our attention to what we do here at cnbc. our focus is the markets
, connecticut. nbc news is reporting as many as 27 people may be dead from that shooting which broke out this morning shortly after 9:30. that's when police were called. as many as 17 to 18 of the victims are children. 7 to 8 adults including the gunman who authorities described to nbc news as a 20-year-old connecticut man who was dressed in black and was carrying two handguns. connecticut state police are set to begin a briefing at this hour. danbury officials and hospital officials tell nbc...
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Dec 17, 2012
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to listen to those families in connecticut, to listen to the families in connecticut, the mothers in atlanta on new orleans, the people at the sikh temple. >> in wisconsin. >> in wisconsin. i think there is a time to listen to the call outside the beltway and not to allow the conversation in the beltway to drown out the voices in the cities and small towns of america. >> todd? >> you know, gentlemen, i took my 7-year-old to the bus today and it took a little extra faith for me to put him on that bus today as it did for every single parent in this country and every teacher, principal, school administrator, and there for the grace of god go i. where do we fail with respect to caring for and addressing the mental health issues that are raised in the case on friday and the case in aurora and so many of these other cases where individuals have gone off and have either listening to voices or tried to solve their own anger by taking it out on others? where did we fail? >> we still have to continue to destigma ties that mental health challenges afflict people who are normal and functional. w
to listen to those families in connecticut, to listen to the families in connecticut, the mothers in atlanta on new orleans, the people at the sikh temple. >> in wisconsin. >> in wisconsin. i think there is a time to listen to the call outside the beltway and not to allow the conversation in the beltway to drown out the voices in the cities and small towns of america. >> todd? >> you know, gentlemen, i took my 7-year-old to the bus today and it took a little extra faith...
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now, connecticut -- that analysis doesn't really work here because connecticut has pretty good registration. they would not sell him, the kid, the gun. it was sold to the mother. >> this happened anyway. >> and it happened anyway. i acknowledge that. but in a lot of these states -- there was a great editorial about it this morning. mental health records can be checked seems to me, part of this story has to go there, jed. >> i think that's only a very small part of the story. the real issue is we have gone since the 1960s or the 1970s way fo the left and protected the so-called civil rights of the mentally ill to a degree where it is now almost impossible to commit someone against their will. we need to have a much greater tightening of the laws. these people are identifiable. we don't to do political commitments like they do in russia. the but society has to be protected against the dangerously mentally ill. already profiles of these people. many studies show these people can be identified. when they are identified by schools, by police, by a variety of different things, they need to be put
now, connecticut -- that analysis doesn't really work here because connecticut has pretty good registration. they would not sell him, the kid, the gun. it was sold to the mother. >> this happened anyway. >> and it happened anyway. i acknowledge that. but in a lot of these states -- there was a great editorial about it this morning. mental health records can be checked seems to me, part of this story has to go there, jed. >> i think that's only a very small part of the story....
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number one, i think the mood of the country is very somber. >> yes. >> post connecticut. i don't think that people are in the mood to watch the president and the congress go through shenanigans over what most people don't even understand. we know taxes are going up. let's get it over with. whether or not they deal with underlying problems, we still have negative gnp next year and but i think a deal or framework of a deal will get done. it will be some euphoria and a slight correction in the market. >> what about the overall 2013? >> i think this is a little y2k-ish. there are countdowns. everyone is talking about the cliff, the cliff, the cliff pip feel a little bit like it is like y2k. money is cheap. people are getting in a sense within whether it is realistic or not, housing, financials, and i think there is a an enormous amount of m and a activity for a number ever reasons. first is money is cheap. >> right. >> second, corporate balance sheets in the united states are stronger than they've ever been and third, there are some stocks that haven't gone back to super high
number one, i think the mood of the country is very somber. >> yes. >> post connecticut. i don't think that people are in the mood to watch the president and the congress go through shenanigans over what most people don't even understand. we know taxes are going up. let's get it over with. whether or not they deal with underlying problems, we still have negative gnp next year and but i think a deal or framework of a deal will get done. it will be some euphoria and a slight...
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. >>> next, more details on the horrifying shooting in connecticut. back in a moment. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2550 with schwab etfs. tdd#: 1-800-345-2550 schwab etfs now have the lowest operating expenses tdd#: 1-800-345-2550 in t
. >>> next, more details on the horrifying shooting in connecticut. back in a moment. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories....
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as you know by now, it was in newtown, connecticut. president obama spoke last night, raising the prospects for gun policy changes. >>> in the coming weeks, i'll use whatever power this office holds to engage my fellow citizens from law enforcement to mental health professionals to parents and educators in an effort aimed at preventing more tragedies like this. because what choice do we have? we can't accept events like this as routine. >> joining us now, former vermont governor and cnbc contributor howard dean and david coppell at the cato institute. good morning. am i pronouncing that okay? is it copel? >> just fine. >> we all want the same thing. that is to make sure our children are as safe as they can possibly be when they're in school. how do we do that? does it involve new regulations for guns? >> well, i think the most important thing we can do when we look at all these mass murders and attempted mass murders that are happened recently and over past decade sess one of the things that ties so many of them together is mental illn
as you know by now, it was in newtown, connecticut. president obama spoke last night, raising the prospects for gun policy changes. >>> in the coming weeks, i'll use whatever power this office holds to engage my fellow citizens from law enforcement to mental health professionals to parents and educators in an effort aimed at preventing more tragedies like this. because what choice do we have? we can't accept events like this as routine. >> joining us now, former vermont governor...
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Dec 18, 2012
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as the tragedy in connecticut has sofened the times. maybe it takes something like this to get the congress and the president to work on things. there does seem to be a spirit of compromise now. i'm not just talking about the end of the year, perhaps holding off raising taxes for those who make $200,000. especially when coupled about this room orred embrace about spending cuts. that could turn the fiscal cliff into a hop, skip and a jump. it ends up into an exciting place. there are other forces at work today. that show you the magnitude of what a deal could mean for our great country. the other forces? gold. fift first, you know i like to watch the transports as a legitimate act. you know it has to be shipped somewhere to be sold. that is why i follow the transports so closely. when they are going up. there is more commerce happening than thought. that above all, is a terrific predictor of growth. today the transport showed signs of growth. i got more negative. a real braeak out. that would be a singlegin wine expansion on the rise. th
as the tragedy in connecticut has sofened the times. maybe it takes something like this to get the congress and the president to work on things. there does seem to be a spirit of compromise now. i'm not just talking about the end of the year, perhaps holding off raising taxes for those who make $200,000. especially when coupled about this room orred embrace about spending cuts. that could turn the fiscal cliff into a hop, skip and a jump. it ends up into an exciting place. there are other...
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Dec 18, 2012
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in the wake of the tragedy in connecticut. gun control and mental health care taking center stage, now congresswoman rosa delauro has been fighting for better mental health care. she'll join us at the bottom of the hour. >>> still to come, retailers that have been naughty, and nice. we break down the holiday season for specialty retailers, and tell you what it means for your portfolio. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> if you have any comments or questions about anything we've been talking about on "squawk," e-mail us at "squawk" @cnbc.com. you can follow us on twitter as well, @squawkcnbc is our handle. up next the shooter in the newtown tragedy reportedly suffered from a mental disorder. we'll speak to one of the lawmakers holding the purse strings for federal mental health care funding. [ male announcer ]
in the wake of the tragedy in connecticut. gun control and mental health care taking center stage, now congresswoman rosa delauro has been fighting for better mental health care. she'll join us at the bottom of the hour. >>> still to come, retailers that have been naughty, and nice. we break down the holiday season for specialty retailers, and tell you what it means for your portfolio. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you...
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Dec 17, 2012
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first off, it's been a somber trading day today. 9:15 moment of silence remembering what happened in connecticut. so i don't know. it seems to be maybe there is a muted sense there's going to be a spirit of compromise up there in washington now. we've seen some rotational action. cyclicals are down, banks are up. they seem to anticipate that this is going to be resolved. and then the implications are if we don't have a santa claus rally as we talked about, then we'll see something in january. because this last quarter has been sort of a wait and see kind of thing. that would probably speak to a good quarter for us next time around. >> you know, i wonder. i don't know that anybody's happy with oh, well this is going to be a january affair. and we're not going to deal with this after christmas. did you see a change in money flows? you're there on the floor watching real money move throughout sectors. did you see any change today or on friday as people felt that maybe we are at the beginning of a deal? or still people are sort of sitting on their hands and not wanting to move money around? >> getti
first off, it's been a somber trading day today. 9:15 moment of silence remembering what happened in connecticut. so i don't know. it seems to be maybe there is a muted sense there's going to be a spirit of compromise up there in washington now. we've seen some rotational action. cyclicals are down, banks are up. they seem to anticipate that this is going to be resolved. and then the implications are if we don't have a santa claus rally as we talked about, then we'll see something in january....
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Dec 19, 2012
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. >> it's not been five days since the heartbreaking tragedy in newtown, connecticut. three days since we gathered as a nation to pray for the victims. today a few more of the 20 small children and six educators who were taken from us will be laid to rest. we may never know all the reasons why this tragedy happened. we do know that every day since more americans have died of gun violence. we know such violence has terrible consequences for a society. if there's even one thing that we can do to prevent any of these events, we have a deep obligation, all of us, to try. over these past five days, a discussion has reemerged as to what we might do not only to deter mass shootings in the future, but to reduce the epidemic of gun violence that plagues this country every single day. and it's encouraging that people of all different backgrounds and believes and political persuasions have been willing to challenge some old assumptions and change long-standing positions. that conversation has to continue. but this time the words need to lead to action. we know this is a complex i
. >> it's not been five days since the heartbreaking tragedy in newtown, connecticut. three days since we gathered as a nation to pray for the victims. today a few more of the 20 small children and six educators who were taken from us will be laid to rest. we may never know all the reasons why this tragedy happened. we do know that every day since more americans have died of gun violence. we know such violence has terrible consequences for a society. if there's even one thing that we can...
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Dec 20, 2012
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conference at the white house today, he came out to talk about gun control measures in the wake of the connecticut tragedy, but the questions were mostly focused on the fiscal cliff. the president said he couldn't understand why john boehner was detouring to plan b because the differences are narrow enough that they can still work it out. >> i've said i'm willing to make some cuts. what separates suss probably a few hundred billion dollars. the idea that we would put our economy at risk because you can't bridge that gap doesn't make a lot of sense. >> the smackdown from john boehner came shortly afterwards. it was short and sweet. he spoke for less than a minute and he said the onus is going to be on president obama if we go over the fiscal cliff. >> tomorrow the house will pass legislation to make permanent tax relief for nearly every american, 99.81% of the american people. and then the president will have a decision to make. he can call on senate democrats to pass that bill or he can be responsible for the largest tax increase in american history. >> now bainor aides say they're confident they
conference at the white house today, he came out to talk about gun control measures in the wake of the connecticut tragedy, but the questions were mostly focused on the fiscal cliff. the president said he couldn't understand why john boehner was detouring to plan b because the differences are narrow enough that they can still work it out. >> i've said i'm willing to make some cuts. what separates suss probably a few hundred billion dollars. the idea that we would put our economy at risk...
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Dec 4, 2012
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he's been arrested for wire fraud and charged with wire fraud by the connecticut u.s. attorney. in a statement, the u.s. attorney from connecticut stating this defendant orchestrated the unauthorized purchase of approximately $1 billion of apple stock in a fraudulent get-rich-quick scheme that back fired, causing massive losses for his employer. once again, rockdale securities trader david miller arrested and charges with wire fraud. back to you. >> all right, mary. thanks very much. we have 30 minutes until the closing bell sounds for the day. up about 19 points on the dow jones industrial average. nasdaq in the negative right now. >>> famed fund mortgage jeremy grantham, remember him? he warned of the tech and housing bubbles before they burst. now he's making a new dire prediction. if he's right t would make the tech and housing bubble look like a walk in the park. details coming up. >>> then, businesswoman and donald trump's daughter ivanka trump is with us. she's finding it hard to operate in the economic uncertainty. we'll ask her about that. she'll join us later outside t
he's been arrested for wire fraud and charged with wire fraud by the connecticut u.s. attorney. in a statement, the u.s. attorney from connecticut stating this defendant orchestrated the unauthorized purchase of approximately $1 billion of apple stock in a fraudulent get-rich-quick scheme that back fired, causing massive losses for his employer. once again, rockdale securities trader david miller arrested and charges with wire fraud. back to you. >> all right, mary. thanks very much. we...
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Dec 19, 2012
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perhaps as the new york times said today as the tragedy in connecticut has softened the times. maybe it takes something like this to get the congress and the president to work on things. there does seem to be a spirit of compromise now brewing. i'm not just talking about the end of the year, but any time. the president perhaps holding off raising taxes for those who make $200,000. especially when coupled about this rumored embrace about spending cuts. that could turn the fiscal cliff into a fiscal hop, skip and a jump that ends up in an exciting place. there are other forces at work today that show you the magnitude of what a deal could mean for our great country. the other forces? the transports, banks, u.s. treasury bonds and gold. first, you know i like to watch the transports as a measurement of economic activity. you know it has to be shipped somewhere to be sold. that is why i follow the transports so closely. when they are going up it means there is more commerce happening than thought. planes, trains, truckers and shippers going higher, that above all, is a terrific pre
perhaps as the new york times said today as the tragedy in connecticut has softened the times. maybe it takes something like this to get the congress and the president to work on things. there does seem to be a spirit of compromise now brewing. i'm not just talking about the end of the year, but any time. the president perhaps holding off raising taxes for those who make $200,000. especially when coupled about this rumored embrace about spending cuts. that could turn the fiscal cliff into a...
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Dec 20, 2012
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first of all, let me say boo-yah from connecticut. and, you know, a few months ago i bought a keurig coffee machine. i was so impressed, i bought the stock, which was green mountain, i paid $57 for it. my question to you is, since it's gone down so much, started to come back up, should i hold on to it? >> i'm not -- i happen to be a fan of the keurig too, but unlike victor kayem and the old ad, he was such a fan of remington, he bought the company. i don't want to buy green mountain. it's got the red flag, the red flag of my friend herb greenberg, and when herb raises issues, i don't go there. herb tells me where battlegrounds are, and when it comes to a battleground, i'd rather eat a cold corn dog. well, check that. i like to revisit stocks i talk about on "mad money," and in this case like hillshire, i think it needs more time, this is a long-term turn-around story. i suggest getting it on weakness. listen, this tastes better than the dog food i ate my first year of the show. after the break, i'll try to make you some money. >>> com
first of all, let me say boo-yah from connecticut. and, you know, a few months ago i bought a keurig coffee machine. i was so impressed, i bought the stock, which was green mountain, i paid $57 for it. my question to you is, since it's gone down so much, started to come back up, should i hold on to it? >> i'm not -- i happen to be a fan of the keurig too, but unlike victor kayem and the old ad, he was such a fan of remington, he bought the company. i don't want to buy green mountain. it's...
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Dec 8, 2012
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i need to start with celeste in connecticut. celeste. >> caller: hi, jim. from connecticut. first-time caller. i'm excited. >> thank you. >> caller: back in january you said you like catamaran, ctrx, when it was under its old name, xsa, up 72%. thank you so much. i heard it just signed with target. so how does that look? is it a hold or a sell? >> no, i don't think it's -- you own it. i know it's up a lot. so i understand it is hard to taking capital gains if capital gains go up. but i like the pharmacy benefits business. i also like cvs, reports next week. i want you to stay in this. i think it's a really, really good company. i'm glad that you bought it on our recommendation. let's go to sylvia in florida. sylvia. >> caller: hi, jim. it's so great to hear your voice. i'm a regular. >> thank you. >> caller: and i have a question for you about ibm. i've owned it since the beginning of the year and it's gone down significantly. although today it's gone up just a bit. and i understand that the company is changing what they give to the employees for their 401(k) interest. is th
i need to start with celeste in connecticut. celeste. >> caller: hi, jim. from connecticut. first-time caller. i'm excited. >> thank you. >> caller: back in january you said you like catamaran, ctrx, when it was under its old name, xsa, up 72%. thank you so much. i heard it just signed with target. so how does that look? is it a hold or a sell? >> no, i don't think it's -- you own it. i know it's up a lot. so i understand it is hard to taking capital gains if capital...
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Dec 21, 2012
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. >>> today marks one week after the shooting tragedy in newtown, connecticut. today the nra is speaking out. they add big major suggestion for the country. is it a good idea? we'll discuss when we come back. i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 ...helps me keep an eye on what's really important to me. tdd#: 1-800-345-2550 it's packed with tools that help me work my strategies, tdd#: 1-800-345-2550 spot patterns and find opportunities more easily. tdd#: 1-800-345-2550 then, when i'm ready... act decisively. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 with the exact same tools, the exact same way. tdd#: 1-800-345-2550 and the reality is, with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime...
. >>> today marks one week after the shooting tragedy in newtown, connecticut. today the nra is speaking out. they add big major suggestion for the country. is it a good idea? we'll discuss when we come back. i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform...
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. >> during this christmas season, my heart goes out to the families in newtown, connecticut. >> yep. >> we're all hugging our children a little more tightly this season. >> and everything's on the table. >> as an outdoorsman, i think we need to completely rethink guns in america. >> i think we need to protect our kids at the school, though. everything's on the table. >> our thoughts and prayers are with the families in newtown. >> thank you both very much. right now it's time for "squawk on the street." good morning. welcome to "squawk on the street." which debuted on cnbc's seven years ago today. happy anniversary to us. i'm melissa lee with carl and jim cramer and david faber live from the new york stock exchange. let's look at how we're setting up after yesterday's rally. particular strength in yesterday's rally. we didn't get housing starts, that's earlier today. as for the picture in europe, really the stand outout here is the euro. greece getting a five notch upgrade at the s&p. our road map this morning starts with gm. government motors no more. the treasury to exit its stake
. >> during this christmas season, my heart goes out to the families in newtown, connecticut. >> yep. >> we're all hugging our children a little more tightly this season. >> and everything's on the table. >> as an outdoorsman, i think we need to completely rethink guns in america. >> i think we need to protect our kids at the school, though. everything's on the table. >> our thoughts and prayers are with the families in newtown. >> thank you both...
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Dec 21, 2012
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you have a newtown, connecticut facility. >> we do. we have about 400 associates there and it really has been traumatic. last evening we had a memorial service, 3,500 local people came from newtown, from danbury. it is a tragedy. many of our associates live in newtown, we have a major facility there and it just shows the fragility of life, and i can speak as a parent that if you lose a child, nothing else matters. >> now, if someone wants to help, is there an organization that you would recommend that people help? >> they have set up a special section in the united way in danbury. and if you connect the united way danbury, they have an area where you can send funds and they're doing a lot of good work. >> okay. now your company itself has been pretty socially responsible. an issue that i thought was important is fuel, the footprint that your company has and how important this is to you. zero fuel now you use? >> it really is. it's a remarkable situation that we have, you know, we are a vertically integrated company. we have operations
you have a newtown, connecticut facility. >> we do. we have about 400 associates there and it really has been traumatic. last evening we had a memorial service, 3,500 local people came from newtown, from danbury. it is a tragedy. many of our associates live in newtown, we have a major facility there and it just shows the fragility of life, and i can speak as a parent that if you lose a child, nothing else matters. >> now, if someone wants to help, is there an organization that you...
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Dec 26, 2012
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consumers are concerned about everything from hurricane sandy and the senseless slaughters in sandy hook, connecticut, spending less and giving more to charities. >> jan, i don't want to minimize any of this, the damage that this storm has already inflicted in parts of the country and could still inflict, but we were in an environment where people were just not shopping to begin with. do you think retailers could use this as a good excuse going forward? >> yeah, bert's here with me the four horsemen and apocalypse. i have to agree with him and there's really not a lot of time left. today was going to be a very, very big day, bases where it's not being snow affected. i think you'll see a strong performance. i know i was tough, the biggest deal. the fiscal cliff killed us. retailers went deep on profession and they said, no. i thrill city nyse's will be bert. >> do you think it's getting better in 2013, bert? >> 2013 starts the retail ice age and maybe the 500 to 1,000-day retail recession. shopping centers, malls-based, starting to refinance some of them will create record vak kiss on the laws. >> whi
consumers are concerned about everything from hurricane sandy and the senseless slaughters in sandy hook, connecticut, spending less and giving more to charities. >> jan, i don't want to minimize any of this, the damage that this storm has already inflicted in parts of the country and could still inflict, but we were in an environment where people were just not shopping to begin with. do you think retailers could use this as a good excuse going forward? >> yeah, bert's here with me...
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i'm paying 45% of my total income in income tacks boxes to state of connecticut and the government. >> you need a better accountant, peter. >> more than half of my income is going to go to the government. you tell me, what's fair about that? >> i'll tell you what's fair about that -- >> i'm paying half. excuse me. i don't care what the majority voted to do. they don't have a right to steal my money just because they vote for it. >> i'll tell you what the problem is. we're in a crisis. we're in a crisis caused by the bush policies, unfunded wars, tax cuts we couldn't afford, and we have to dig our way out. in the process, the president is saying that the wealthiest are most able to contribute to that. >> it's not going to dig us out just raising the taxes on the wealthy. >> it is not going to dig us out alone. >> it's a very, very small and minor drop in the ocean in the grand scheme. >> you know what the wealthy are going snoto do? they're going to invest more abroad. they're not going to employ as many people. >> they didn't do that when -- >> we have to go, guys. >> rich people are
i'm paying 45% of my total income in income tacks boxes to state of connecticut and the government. >> you need a better accountant, peter. >> more than half of my income is going to go to the government. you tell me, what's fair about that? >> i'll tell you what's fair about that -- >> i'm paying half. excuse me. i don't care what the majority voted to do. they don't have a right to steal my money just because they vote for it. >> i'll tell you what the problem...
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Dec 20, 2012
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we've been working hard with the people in the city and throughout connecticut and new jersey to make sure we help our clients get back up in their homes, businesses and so on and so forth. what that sends by the customers there's value in what we're doing. we're began to continue to go out. it's important for companies to protect themselves from cyber attacks and address your suit, just like another hurricane coming through. are you seeing them sitting on their hand and not wanting to do anything? there's two different men at all times. the consumer is spending like they have been, but the business is a lot more cautious. >> my business is one where it says regardless of your miss you need to protect your certainly risks, and we have do is provide them different call at all request if we had a situation where the money couldn't come out of their capital. in effect, rear-ended capital from us. if you think about some of the cast physical in japan and i'll and cries mist. all of those can a ghastly and issues that we deal, plus the day-to-day issues that people face, it's good for our
we've been working hard with the people in the city and throughout connecticut and new jersey to make sure we help our clients get back up in their homes, businesses and so on and so forth. what that sends by the customers there's value in what we're doing. we're began to continue to go out. it's important for companies to protect themselves from cyber attacks and address your suit, just like another hurricane coming through. are you seeing them sitting on their hand and not wanting to do...
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Dec 27, 2012
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a lot of things being thrown at the american consumer, the tragedy in connecticut, sandy, fiscal cliff, everything. with that in mind where do you see consumer spending, consumer discretionary spending next year? >> i think in 2013 there's always a place that excels in consumer discretionary and it's based on product, price and where they can expand in terms of channel extension. in 2013 i think we'll see names like nordstrom where they are accelerating the rate of growth. i think we'll see urban outfitters continue their turnaround, perhaps in an accelerated pace in 2013, and i think you're going to continue to see, particularly in the first half of the year, the demand for products from michael kors do well. second half of the year is a different story and perhaps the turnaround of tiffany's to be the name for the second half. >> meantime, r.j., i think you would agree retail remembers scrambling right now because consumer confidence is plunging. three reports in a row that have been pretty dismal. >> yeah, i would agree. i think we're looking for a bit of a pullback in 2013, not onl
a lot of things being thrown at the american consumer, the tragedy in connecticut, sandy, fiscal cliff, everything. with that in mind where do you see consumer spending, consumer discretionary spending next year? >> i think in 2013 there's always a place that excels in consumer discretionary and it's based on product, price and where they can expand in terms of channel extension. in 2013 i think we'll see names like nordstrom where they are accelerating the rate of growth. i think we'll...
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Dec 17, 2012
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. >> on deck, the first of many victims in the connecticut shooting are laid it rest today. tragedy sparking a national debate not only over gun control but we head to washington to see what is said on both sides. >>> the shooting friday at sandy hook elementary school in newtown, account that killed 20 children and six adult, had an economic impact of 31 billion, which is 66% from 2008. we are covering from story from various angles. we will look at the national debate on gun control and mental healthcare. first, funeral services were held for two of the 20 young victims today. nbc's danielle lee is live in newtown with more. danielle? >> good afternoon. today is the first in a long hard week ahead as families begin saying good-bye to loved ones and burying those victims who did not survive last woke's tragedy. first two funerals were held today. the first for 6-year-old noah posner, whose twin sitter survived in another room. and jack pinto. there is a lot of evidence both from the school and shooter's home and now they are beginning the long process of going through that
. >> on deck, the first of many victims in the connecticut shooting are laid it rest today. tragedy sparking a national debate not only over gun control but we head to washington to see what is said on both sides. >>> the shooting friday at sandy hook elementary school in newtown, account that killed 20 children and six adult, had an economic impact of 31 billion, which is 66% from 2008. we are covering from story from various angles. we will look at the national debate on gun...
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Dec 26, 2012
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and not deal with the fiscal cliff but deal with spending bills to clean up new york and connecticut and new jersey from hurricane sandy and reauthorize some intelligence bills. so i mean, there's no real deal in the offing. there's nothing going on behind the scenes that would lead us to believe that anything would get done before january 1. >> all right. josh, out to you. obviously a lot of the discussion has been around the kind of deal that we would get if we do get something. if a deal does come through, it -- more likely will not be comprehensive, right? there's going to be a lot of negotiating that occurs after the first of the year. i guess my question to you is, does this leave the markets open to turmoil and more volatility as we head into january? >> the markets are going to be left open to turmoil and volatility, period. what we've seen is that despite the stakes getting higher, this isn't a game of poker but one of go fish. and no one seems to be fishing their wish. republicans are working with a weaker hand because they have to do a deal that involves a greater democrat
and not deal with the fiscal cliff but deal with spending bills to clean up new york and connecticut and new jersey from hurricane sandy and reauthorize some intelligence bills. so i mean, there's no real deal in the offing. there's nothing going on behind the scenes that would lead us to believe that anything would get done before january 1. >> all right. josh, out to you. obviously a lot of the discussion has been around the kind of deal that we would get if we do get something. if a...
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Dec 18, 2012
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president obama arrived in newtown, connecticut under a cloud of cold rain. but inside the high school where he met with the victims' families he tried to bring some warmth. and the president told newtown that the nation grieves with them. >> whatever portion of sadness that we can share with you to ease this heavy load, we will gladly bear it. newtown, you are not alone. >> reporter: but this is a community consumed by grief and there were no words to comfort those weeping when he listed the names of the slain children, the beautiful little kids as he refed to them on friday. >> avielle, allison. >> reporter: it was heart wrenching to sit in that room to hear the first-hand grief not just the weeping that so many of us as americans and parents have experience bud the real anguish and devastation. >> but we as a nation are left with hard questions. >> reporter: and a president struggling to argue that some meaning will come to it all. those close to the president say he has been hit hard by the emotion of the tragedy. >> can we honestly say that we're doing e
president obama arrived in newtown, connecticut under a cloud of cold rain. but inside the high school where he met with the victims' families he tried to bring some warmth. and the president told newtown that the nation grieves with them. >> whatever portion of sadness that we can share with you to ease this heavy load, we will gladly bear it. newtown, you are not alone. >> reporter: but this is a community consumed by grief and there were no words to comfort those weeping when he...
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Dec 21, 2012
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this is emblem attic of all these nice things you have said this week for the victims of the newtown connecticut tragedy. we love the way you all have been strong in support of them. >> thank you. i very much appreciate that. michael, let me ask you, what do you want to be avoiding in 2013? >> i think you have to look at it from the standpoint of extreme. it's clearly in the bond market. it's clearly in the love for dividends. it's clearly in the love for income versus capital appreciation, versus cycle kral. i call this the rocky balboa stock market. we've had tremendous swings from the bears. you cannot deny the resilience, best year since '09. how is it comparatively smaller fiscal cliff going to do it? >> he does have a point. the relative strength of this market this year has been impressive given all the headwinds that this market has. >> it's been macho ka macho. that's the fighter who just passed away in puerto rico. it has taken blows like you can't believe and has hung in there. and the market leads the economy, not the economy leads the market. we remain defensively positioned because
this is emblem attic of all these nice things you have said this week for the victims of the newtown connecticut tragedy. we love the way you all have been strong in support of them. >> thank you. i very much appreciate that. michael, let me ask you, what do you want to be avoiding in 2013? >> i think you have to look at it from the standpoint of extreme. it's clearly in the bond market. it's clearly in the love for dividends. it's clearly in the love for income versus capital...
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223
Dec 15, 2012
12/12
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MSNBCW
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we are here in the knnewtown ar of connecticut miles from sandy hook, connecticut, where the tragic shooting took place today. right now, hundreds of resident s are gathering at a nearby catholic church for a vigil to for those lives of young people who were shot today. they are holding a prayer vigil to comfort the families who were told that they had lost their loved ones in this town. it is a small new england town in area, and very rural area in the central part of connecticut here. the school certainly k-4 as we mentioned, we don't have identifycations tor age-- of th schoolchildren or the names being released, but we are told that the investigators are processing the scene now and trying to deal with the identification of the children and as governor maloy says back le turn them back to their families to grieve their loss at this time. this community certainly just now getting out of the sadness and shock part of this grief heavily starting to set in. what we don't know about the shooter at this time is his exact identification, and they are trying to process that information as well.
we are here in the knnewtown ar of connecticut miles from sandy hook, connecticut, where the tragic shooting took place today. right now, hundreds of resident s are gathering at a nearby catholic church for a vigil to for those lives of young people who were shot today. they are holding a prayer vigil to comfort the families who were told that they had lost their loved ones in this town. it is a small new england town in area, and very rural area in the central part of connecticut here. the...
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Dec 15, 2012
12/12
by
CNBC
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want to express our thoughts and prayers that everyone affected by this terrible tragedy in newtown, connecticut. our words can do little to ease your pain. but you know this. we are with you in this incredibly difficult time. and recognize that you are who we are thinking about, even as we try to focus on our work today. so as for the markets, it was another weak day. dow dipped 36 points. s&p gave up .41%. nasdaq declined .70. a lot of that again because of apple. you know the drill as we head into the weekend. i'm not expecting to hear any progress on the fiscal cliff. but you know, i always watch the sunday morning talk shows now very closely and i'm looking for some politicians saying something encouraging. what does encouraging mean? it means a republican uttering the two words tax increase without the word no before it. and the democrats uttering two words, spending cuts, without the word no before them. neither seems to be able to pull off that syntax, though. at this point i think we've got to assume that the washington people, they can't get it together. we've got to gird ourselves for
want to express our thoughts and prayers that everyone affected by this terrible tragedy in newtown, connecticut. our words can do little to ease your pain. but you know this. we are with you in this incredibly difficult time. and recognize that you are who we are thinking about, even as we try to focus on our work today. so as for the markets, it was another weak day. dow dipped 36 points. s&p gave up .41%. nasdaq declined .70. a lot of that again because of apple. you know the drill as we...
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Dec 13, 2012
12/12
by
CNBC
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eye 95
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they are surging repossessions up in and 84% jump in new jersey and up as well in connecticut. you don't need a crystal ball it see the future. just the foreclosure starts numbers. that the first stage of foreclosure in new york, new jersey, arkansas and washington. you see the repo man will be busy there in 2013. now, home prices have been rising nicely. but this new supply of bank-owned properties coming to market next year could temper though gains a bit and remember, the overall drop in foreclosure activity is due it a big jump in short sales and principal reduction loan mods and those are on the fiscal cliff if we lose on the forgiveness. we have plenty more to look at on the facebook page, so go ahead and go to it, as well as the blog. sue? >> thanks, we will. >> the global natural resources continues. they just inked a joint venture with aca. you see the stock pop reopen. it was halted for trading. they are doing a joint venture in canada for space of land that could have up to 9 billion barrels ever oil or equivalent. they are paying a billion up front at close. another
they are surging repossessions up in and 84% jump in new jersey and up as well in connecticut. you don't need a crystal ball it see the future. just the foreclosure starts numbers. that the first stage of foreclosure in new york, new jersey, arkansas and washington. you see the repo man will be busy there in 2013. now, home prices have been rising nicely. but this new supply of bank-owned properties coming to market next year could temper though gains a bit and remember, the overall drop in...
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Dec 17, 2012
12/12
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FOXNEWSW
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there are at are a lot of herosn connecticut today. i said on saturday night i thought there would be a time for public discussion and that discussion would inest bring occur as it does when a tragedy like this takes place. some people interpreted that to mean that i thought it was inappropriate for those discussions to take place. i do not think it sin appropriate for them to sake place. in fact, it is quite appropriate. i was making the point no more than 36 hours after the event my personal job as governor at that moment, was to speak to the people of connecticut about the fears they feel, the damage that has been done, and my job was to help and continue to help newtown and the entire state to recover. we know in our state that we have some of the toughest gun laws of any state in the nation but when the investigation is over and all of the information is in i will ask a few questions. is there a law, a policy or procedure we could have had on the book that might have prevented this vat joy? it turns out clearly the answer is yes a
there are at are a lot of herosn connecticut today. i said on saturday night i thought there would be a time for public discussion and that discussion would inest bring occur as it does when a tragedy like this takes place. some people interpreted that to mean that i thought it was inappropriate for those discussions to take place. i do not think it sin appropriate for them to sake place. in fact, it is quite appropriate. i was making the point no more than 36 hours after the event my personal...